{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2017/schedule-5/paragraph-3",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2017/schedule-5/paragraph-3.json",
  "legislation": "uksi/2017/701",
  "legislation_title": "The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2017",
  "path": "schedule/5/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": "Uncertificated Securities Regulations 2001",
  "text": "In paragraph 28 of Schedule 1 to the Uncertificated Securities Regulations 2001 (requirements for approval of a person as operator)—\n(a) omit sub-paragraph (3) ; and\n(b) in sub-paragraph (4) —\n(i) in the definition of “branch”, for “4.1.26” substitute “ 4.1.30 ”;\n(ii) in the definition of “financial instrument”, for “4.1.17” substitute “ 4.1.15 ”;\n(iii) in the definition of “markets in financial instruments directive” for “2004/39/EC” substitute “ 2014/65/EU ”; and\n(iv) in the definition of “markets in financial instruments directive” for “21st April 2004” substitute “ 15 May 2014 ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "S.I. 2001/3755; paragraph 28 was inserted by S.I. 2007/124."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "Paragraph 28(3) was inserted by S.I. 2007/124."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "Paragraph 28(4) was inserted by S.I. 2007/124 and amended by S.I. 2013/3115, there are other amendments to this paragraph but none is relevant."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/701/schedule/5/paragraph/3",
    "retrieved_at": "2026-10-28T23:10:02.096065+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}